Indonesia Strengthens Industrial Cooperation With Russia
Indonesia's Industry Minister Agus Gumiwang Kartasasmita said Jakarta is strengthening industrial cooperation with Russia during a business matching event in early December 2025. He cited rising bilateral non-oil trade—from US$3.9 billion in 2024 to US$4.04 billion by October 2025—and growing Russian investment, alongside signed and pending MoUs on chrysotile safety and shipbuilding. The cooperation includes support for an IEAEU FTA and BRICS industrial programs.
Key Points
- 1Reports rising bilateral trade to US$4.04B by Oct 2025, up from US$3.9B in 2024.
- 2Highlights Russian investment growth and strategic talks after Prabowo-Putin meeting, broadening cooperation scope.
- 3Signals opportunities for industry players via MoUs, IEAEU FTA prospects, and BRICS industrial programs.
Scoring Rationale
Official bilateral agreements and trade growth justify moderate impact, limited by narrow bilateral scope and non-technical focus.
Sources
Public references used for this report.
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